National Statistical Institute

Bulgaria Industrial Production Growth At 5-Month Low

Bulgaria's industrial production grew at the slowest pace in five months in May, data from the National Statistical Institute showed on Tuesday.

Industrial production rose 0.6 percent year-on-year in May, slower than a 2.7 percent increase in April.

The latest production was the weakest since December, when it fell 2.9 percent.

In May 2019, Turnover in Bulgarian Retail Decreased by 0.2% Compared to April

According to the preliminary seasonally adjusted data, in May 2019 the turnover in "Retail trade, except for motor vehicles and motorcycles" at constant prices decreased by 0.2% compared to the previous month, said the National Statistical Institute (NSI).

Eurostat: 21% of Bulgarians Aged 20-34 do not Work or Study

According to the National Statistical Institute, approximately 250,000 young Bulgarian compatriots have been demoted to study and work last year.

More than half of them are Bulgarians and one third are Roma.

Young people, who neither study nor work, live mostly in villages and have low education. However, 10% of inactive young people are university graduates.

Total Hourly Labour Cost for the the First Four Months in Bulgaria in 2019 Rised by 12.9% Compared to the Previous Year

According to preliminary data of the National Statistical Institute for the first quarter of 2019 the total hourly labour cost rose 12.9% compared to the first quarter of 2018. It increased in 11.4% industry, 13.1% in services, and 8.4% in construction.

Half of Bulgaria's Exports are for 6 Countries

In the first four months of the year, exports of goods from Bulgaria to third countries grew by 14.7% compared to the same period of the previous year and amounted to 5.9 billion levs. Bulgaria's main trading partners are Turkey, China, Serbia, the USA, Northern Macedonia, which accounted for 51.9% of the exports to third countries, according to data from the National Statistical Institute.